No. Congressman, the statute is quite clear that we are not in the business of establishing usury laws.

It is a 'no.' We already have our first example of what we are doing lowers compliance costs.

We need a budget because these are very large and powerful financial institutions who hire armies of lawyers to design financial products that can't be read by ordinary American families.

Oh, Congressman, you hit on a very important question. As you rightly know, it is consumer credit that we do at the Consumer Financial Protection Bureau.

I want to say it this way: Small businesses are struggling, I understand that.

Of course we need to be responsible to the Congress. The Congress should look over our shoulder 24 hours a day, 7 days a week.

I believe that Congress should treat all of the banking regulators alike and not say that the one that tries to watch out for consumers is going to be put through the political process.

people expect you to meet your obligations that you have already incurred and they expect you to meet those a 100 cents on the dollar.

the number one reason for losing a security clearance in the United States now is a problem over credit.

I think there are some very real concerns about the difficulty that consumers have reading insurance contracts.

We have a lane we are supposed to swim in... about consumer credit, consumer credit products.